In a rare retreat, major U.S. banks are scrapping their plans to impose new fees on debit cards, apparently fearing a customer exodus for 'Bank Transfer Day' on Nov. 5. While it's not a full (or necessarily final) surrender, MNN takes a look back at how this rare consumer victory unfolded.

bank transfer day and how high fees came about

Also on MNN: Bank fees: Don't let the bank rob you

New landscape (and fewer fees) for big banks (Infographic)
As U.S. banks bow to public pressure on debit card fees, MNN takes a look back at how this rare consumer victory unfolded.